You could very well be on the money, my assumptions are a what I deem as a worst case scenario.
The thing is KS WILL NEVER EVER SELL !
So this does 1 or 2 things, retards the SP somewhat as a vulture fund will not get a leg in & we have an extremely sound business which I kept banging on about WILL NEVER GO BROKE.
KS will never allow it to happen...why, well it could be a school yard thing with some other big boys who knows, but when I spoke to the boys last, selling was not even an option nor will it ever be.
BUT, will the issuance be soaked up ? Definitely and that is where long term holders will eventually benefit and where you may very well be right in all regards in the fact that divs with no debt and 40% of shares taken off the registry, well then you have a pricing ratio of well over $1.
If I even get a sniff of that somewhere down the line being decelerated then I will grab everything I can up to .75....so its a wait & see....
Ive seen you in this forum for a long time like Mr Costello here & a few others....
Hold firm, average down where you can & throw the slips in the bottom draw.
When I think of KS I think "E PLURIBUS UNUM"
All the best to you.
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $269.3M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 17.0¢ | $48.92K | 280.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 411855 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 239649 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 411855 | 0.170 |
3 | 953474 | 0.165 |
10 | 499768 | 0.160 |
5 | 480693 | 0.155 |
23 | 687225 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 239649 | 2 |
0.180 | 482473 | 7 |
0.185 | 491475 | 8 |
0.190 | 588059 | 9 |
0.195 | 92027 | 3 |
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